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Corporation
INTERNET | eCommerce / Apparel & Accessories
dollarshaveclub.com

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Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$163.43M

Valuation

$0000 

Revenue

$0000 

About Dollar Shave Club

The Dollar Shave Club is an online membership club that delivers grooming products at low prices. With shave packages that start at $1 a month plus shipping, the company will soon expand to offer a suite of grooming products for men and women.

Dollar Shave Club Headquarter Location

513 Boccaccio Drive

Venice, California, 90291,

United States

310-975-8528

Latest Dollar Shave Club News

Michael Dubin’s secret to success: “A relentless curiosity” and “an indefatigable energy for problem solving”

Oct 18, 2021

Michael Dubin. Emory University Photo Video/Kay Hinton It would be a stretch to call Michael Dubin an energy conservationist. However, considering that Dubin started Dollar Shave Club in 2011 and sold the direct-to-consumer razor blade business to Unilever for $1 billion just five years later, it might be worth listening to what he has to say about how to put your personal energy to optimal use. “Focus on the most important thing,” Dubin said. “Don’t be distracted by other people’s most important thing, or by what other people think your most important thing should be. “You only have so much time and energy in the day, and you have to be frugal with your energy,” he said. “Spending it wisely will be the difference between success and failure.” Dubin shared his thoughts on starting and building a successful business in the October episode of the 21st Century Business Forum , which features monthly one-on-one interviews with some of the nation’s most prominent business minds and thought leaders. Click here to see the program on demand . Dubin was 32 years old when he started Dollar Shave Club. He identified “a relentless curiosity” and “an indefatigable energy for problem solving” as two essential attributes for someone who wants to build a business. “You will encounter obstacles of all kinds — other people, (other) ways of thinking, existing methods,” Dubin said. “You just have to say to yourself, ‘I’ll figure it out. '” In the case of the razor blade business, Dubin identified two problems — razors were overpriced and razors and blades often were locked behind cases in stores. “We weren’t the first to sell razors online,” Dubin said. “But we were the first to point out the obvious problem of what was broken” in the company’s ground-breaking, tongue-in-cheek ad campaign. “For us, solving that problem was getting really affordable great razors and making them really easy to buy,” he said. As Dubin built the business, it was important to stay true to the brand. “That means not only searching your soul when you develop a new piece of creative, but also asking for other people to be watchers on the wall of your brand,” he said. “Sometimes your judgment can get cloudy when you build out a brand yourself,” he said. So, he’d ask others, “Does this feel like us, or is it starting to sound like some of the other brands?” It also was critical for Dubin to build a good team in order to build a successful business. A CEO, founder or business owner isn’t going to know everything, “especially if you are a younger founder like I was,” Dubin said. “Ultimately, you have to make sure you surround yourself with people that are more experienced, who’ve seen a few seasons in business and have experience where you don’t,” Dubin said. “And if you are in a very competitive industry like Dollar Shave Club is, the business cannot afford to learn at your pace, because you’ll just miss too many opportunities and you’ll succumb to too many risks. So, you have to rely on your team. “This is a team sport,” he said of business. “It is not golf or tennis… You’re not a solo artist. You’re playing with the band.” The 21st Century Business Forum debuted this year, featuring a lineup of successful top executives, experts and global thought leaders to share ideas and insights for business executives, entrepreneurs, owners and managers. It airs on the second Wednesday of each month, with guests interviewed in a Q&A format. The 21st Century Business Forum is presented by BizTimes Media and is sponsored by Johnson Financial Group. The Business Forum continues in November with Dr. Ivan Misner, founder and chief visionary officer of Business Network International, or BNI — the world’s largest business networking organization. It airs Nov. 10 from 11 a.m. to 11:40 a.m. Register to view the webcast for free here . BizTimes Daily

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Expert Collections containing Dollar Shave Club

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Dollar Shave Club is included in 6 Expert Collections, including Direct-To-Consumer Brands (Non-Food).

D

Direct-To-Consumer Brands (Non-Food)

1,192 items

Startups selling their own branded products directly to consumers through owned e-commerce channels, rather than relying on department stores or big online marketplaces.

E

E-Commerce

8,739 items

E

E-Commerce Subscription

354 items

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

B

Beauty & Personal Care

1,683 items

Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.

C

Consumer Packaged Goods ( CPG )

4,148 items

Dollar Shave Club Patents

Dollar Shave Club has filed 13 patents.

The 3 most popular patent topics include:

  • Manufacturing
  • Operations research
  • Sensors
patents chart

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Grant Date

Title

Related Topics

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1/22/2019

4/6/2021

Wireless networking, Sensors, Manufacturing, Supply chain management, Operations research

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4/6/2021

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Wireless networking, Sensors, Manufacturing, Supply chain management, Operations research

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